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initial letter of V are shown

To validate something is to check that it is acceptable. To do this, what is acceptable should be clearly defined. The result of a validation would be a pass, conditional pass or fail.

VAT is a tax levied by the UK government on products and services. Organisations who turnover exceeds a pre-defined turnover are required to become VAT registered, to charge VAT, calculate VAT payments and send those payments to the Inland Revenue. Becoming VAT registration can add credibility to your organisation.

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